Libya: London court rules against Libya, millions to be paid in compensation

Libya has received its first setback in its legal battle with financial and managerial institutions after the High Court of England and Wales ordered the Libya Africa Investment Portfolio (LAIP) to pay more than $15 million as damages to Catalyst Managerial Services (CMS) and the amount could surpass half a billion dollars. LAIP is a Malta-based […]

India lifts ban on rice export to seven countries including Côte d’Ivoire, Cameroon, Guinea, Seychelles

India has validated exports of rice to seven countries including Côte d’Ivoire, Cameroon, Guinea and Seychelles several months after banning the export of the crop in view of meeting the needs of the domestic market and reducing increasing prices. Per the decision to lift the ban, ‘Sika Finance’ reports, India will send 1.34 million tons […]

“New African” Magazine: Eight Moroccans listed among most influential Africans in 2022

Nigeria’s magazine “New African” has included eight Moroccans in its listing of the 100 most influential African personalities for the year 2022. The Moroccans picked up by the magazine are coach Walid Regragui, Foreign minister Nasser Bourita, the ambassadors of Morocco to Ghana, Nigeria and Côte d’Ivoire, Chief of Moroccan Agency for International Cooperation (AMCI), […]